Here are the headlines you Need2Know for Tuesday, November 24, 2020:

TRANSITION FORMALIZED

After Michigan certified Joe Biden as the state’s winner, the Trump administration has formally authorized the president-elect’s team to begin the transition process. The General Services Admin. informed the Biden camp in a letter that they could now get access to federal funds and other government resources that they are entitled to by law. President Trump, coming as close as he is likely to come to conceding, tweeted that he approved the “initial protocols” to begin even as he said he would continue to fight the results in court, where his lawyers are 1-35 in post-election litigation. AP

CABINET PICKS

President-elect Biden has chosen Janet Yellen, the former head of the Federal Reserve, to run the Treasury Dept., according to multiple reports. Yellen, who was the first female Fed Chair, would also be the first female Treasury Secretary. Biden will also appoint John Kerry to a cabinet-level role as special envoy for climate under the umbrella of national security. The president-elect had vowed to assemble the most diverse cabinet ever, and he’s on the path to doing just that: he is said to have chosen Alejandro Mayorkas as Dept. of Homeland Security Secretary, making him the first Latino and first immigrant to run DHS. Avril Haines is said to be the pick for Director of National Intelligence, making her the first woman to be the country’s top spy. POLITICO

COVID-19: LATEST DEVELOPMENTS

The virus surge that had been centered around the Midwest has now spread virtually everywhere in the U.S. At least nine states are reporting caseloads that have doubled in the last two weeks, including places that had already been through earlier waves, like Arizona, Louisiana and California. In NYC, Gov. Cuomo specifically called out Staten Island as “a problem” and authorized a field hospital to reopen in the borough. In California, Gov. Newsom and his family are in quarantine after an exposure. Overseas, UK PM Boris Johnson -- who is also quarantining -- said England’s lockdown has been flattening the curve and restrictions will begin to lift next week. NY TIMES

TRAVEL FORECAST

A line of severe thunderstorms could cause travel disruptions today and tomorrow in the center of the country, from the Texas panhandle up to southern Illinois before it moves east to create a damp (but mild) Thanksgiving morning for the Northeast, mid-Atlantic, and Southeast. The Pacific Northwest is looking at rain and mountain snow that will ease up just in time for the holiday, and the South and Midwest will get a quiet and warm Turkey Day that will be conducive to outdoor dining. ACCUWEATHER

GM BAILS ON TRUMP

In the biggest indicator yet that the business world is moving on from the Trump administration, General Motors reversed course and said it would no longer support the White House’s efforts to ban California from setting its own emissions rules. GM is pulling out of a lawsuit with the EPA -- which is all but certain to be dropped under a Biden administration anyway --  and urged other automakers to do the same. GM recently said it would increase its spending on electric vehicles by 35 percent as a Biden administration is expected to heavily promote EV sales. REUTERS

TIKTOK RULES

Less than a year after TikTok star Charli D’Amelio hit 1 million followers on the viral video app, she has crossed 100 million -- an exponential rise for the relatively ordinary 16-year-old that underlines the star-making power of TikTok. The app has become so popular that even Snapchat is now copying it, with a new feature that uses an algorithm to surface videos going viral in real time. Notably, Snap says it will shell out $1 million a day to creators of the top-performing posts as an incentive for smaller accounts to put out creative, high-quality content. BLOOMBERG

T-DAY FOOTBALL

There are three football games to choose from on Thanksgiving Day, starting with Detroit-Houston at 12:30 pm ET, followed by Washington-Dallas and Pittsburgh-Baltimore in primetime. That last game, the marquee matchup of the week featuring the 10-0 Steelers, is in jeopardy after several Ravens players tested COVID positive on Monday. The NFL says kickoff is on, barring more positive tests. TRIB LIVE

CHESS IS COOL AGAIN

2020’s hottest holiday gift is… a chessboard? Netflix’s smash hit The Queen’s Gambit has spurred an explosion of interest in chess, which was already having its own mini-renaissance amid the pandemic. Google searches for chess are through the roof, eBay says searches for chessboards are up nearly 300 percent, and chessboard makers have confirmed that sales have spiked. Netflix says Queen’s Gambit is now its most-watched original limited series ever. BI

SPOTTED...

…First Lady Melania Trump, receiving the White House Christmas Tree to officially kick off the holiday season in D.C.: SEE PICS

...Kyle Korver and Anthony Tolliver, part of a small group of NBA players and officials meeting with Pope Francis in Rome. The NBA sent a delegation to the Vatican to see the Holy Father after Francis called the player’s union to learn more about how the NBA has dealt with social-justice issues. Tolliver described the pope as being “super chill”: SEE PIC

LEFTOVERS: DIY THANKSGIVING

If there was ever a year to take the plunge and cook Thanksgiving dinner all by yourself, it’s now, right? Why not? But before you burn the house down, Cheddar reached out to some experts for tips on everything from picking a turkey to knowing when it’s cooked through: READ

Listen to the N2K Podcast! Looking for more context and analysis on the big stories of the day? Check out our podcast! Hosts Jill and Carlo break down the headlines, every weekday morning Listen on Apple or Spotify, or watch on YouTube, and send us your feedback!

Share:
More In Culture
Game On for Sports Betting in New York
It was 'game on' for sports bettors in the state of New York, as mobile betting kicked off on four major betting operating platforms Saturday. This comes at an exciting time for sports fans with some of the biggest NFL games of the season right around the corner. Cam Rogers - Host of Lock It In with Cam Rogers, Betting Analyst at the Bleav Podcast Network joined Cheddar's Opening Bell to discuss.
U.S. Purchases 600K Doses of New Antibody Treatment Amid Omicron Surge
The United States purchased over 600,000 doses of a monoclonal antibody treatment from Glaxosmithkline and Vir Biotechnology, bringing the total worldwide doses purchased to 1.7 million. This comes as the country attempts to ramp up treatment options as cases of the omicron variant continue to surge. Dr. Asha Shah, Director of Infectious Diseases at Stamford Health joined Cheddar's Opening Bell to discuss.
Victor Cruz Might Even Flip Burgers Himself for His Krystal Restaurants Franchise in NJ
Former wide receiver for the New York Giants, Victor Cruz has partnered with Krystal Restaurants, a popular burger chain in the South, to bring the franchise to his home state of New Jersey. Cruz and Alice Crowder, CMO of Krystal Restaurants, joined Cheddar's Opening Bell to discuss the venture. The five new locations will be known as "Victor Cruz's Krystal," decked out with memorabilia from his football career, with the former player explaining how "hands-on" he plans on being. "You never know, OK? You might walk in and Victor Cruz will be flipping a burger back there, and you might be getting it directly from the source," he said.
Sports Betting Industry Growth
Max Bichsel, vice president at Gambling.com Group joins Cheddar News to talk about the growing sports betting industry, New York legalizing mobile betting, and 2022 predictions for the sector.
Massive Gaming Deal as Take-Two Interactive Acquires Zynga
Mario Stefanidis, Vice President of Research at Roundhill Investments, joined Wake Up With Cheddar to break down the implications of the Take-Two deal to purchase Zynga, as the gaming giant looks to become a major player in mobile gaming.
As the Covid Crisis in Schools Ramps Up, Educational Leaders Struggle
Covid cases have started to spike again across the nation, and this time they seem to be hitting some of our youngest and most vulnerable - school-aged children. School districts across the nation - including the country's largest public school system in New York City- are all grappling with what to do as teachers and students alike continue to miss school in droves. Katie Honan, reporter for the New York City-based non profit news organization, The City explains how educational leaders across the country are handling covid demands from both teachers and parents alike.
Bitcoin Dips Below $40K As Death Cross Looms
For the first time since September, Bitcoin fell below $40,000 early Monday. The currency's average short-term price has now dipped below its average long-term price, which is known by a rather dramatic term, a death cross. According to analysts, the indicator appears to be a result of mounting concerns of faster liquidity withdrawal by the US Federal Reserve. The crypto slump also follows a week of rough trading for equities overall. CEO Snickerdoodle Labs and Co-Founder of the Stanford Future of Digital Currency Initiative, Jonathan Padilla, joined Cheddar to discuss more.
America's Mothers Still Struggling to Balance Work and Child Care Post Pandemic
Throughout this pandemic, we witnessed a mass exodus of women in particular, from the workforce. A number of women say an increase in home and child care responsibilities forced them to make a decision they never thought they would; to simply quit their jobs. Many others had the decision made for them and were laid off. In fact, we did a LinkedIn poll today where 29 percent of women said their careers took a back seat. Reporting Fellow at Type Media Center and Author of "Work Won't Love You Back" Sarah Jaffe, joined Cheddar to discuss more.
Artists Cash In On Selling Their Music Rights
David Bowie's entire catalog of songs has officially been sold to Warner Music Group by his estate for an estimated $250 million. This means the group now has the full rights to almost all of David Bowie's recordings. But Bowie, just the latest music mega deal. Just last month, Bruce Springsteen sold his entire catalog to Sony Music Entertainment at what in fact maybe be the biggest transaction ever for a single artist's body of work. In addition, John Legend also cashed in by selling rights to his songs from 2004 to early last year. Culture Correspondent at NPR, Anastasia Tsioulcas, joined Cheddar to discuss more.
Load More